CARVANA CO.·4

Apr 16, 7:00 PM ET

SULLIVAN GREGORY B 4

4 · CARVANA CO. · Filed Apr 16, 2026

Research Summary

AI-generated summary of this filing

Updated

Carvana (CVNA) Director Gregory Sullivan Receives RSU Award

What Happened

  • Gregory B. Sullivan, a director of Carvana Co. (CVNA), received an award of 782 restricted stock units (RSUs) on April 14, 2026. The reported acquisition price is $0.00 because this was a grant of RSUs, not an open-market purchase. The RSUs vest 100% on May 1, 2027, subject to Sullivan’s continued service with the company.

Key Details

  • Transaction date: 2026-04-14; Filing date: 2026-04-16 (timely Form 4 filing).
  • Transaction type/code: Award/Grant (A).
  • Shares/units granted: 782 RSUs; reported acquisition price: $0.00.
  • Vesting: 100% on May 1, 2027, contingent on continued service (see footnote F1).
  • Shares owned after transaction: Not specified in this filing.
  • Footnote: F1 clarifies these are RSUs that convert to Class A common stock upon vesting.

Context

  • RSUs are a deferred equity award: they represent the right to receive shares in the future if vesting conditions are met; they are not immediate open-market purchases or sales. This grant does not by itself indicate buying or selling activity; it is a form of compensation/retention for the director.

Insider Transaction Report

Form 4
Period: 2026-04-14
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-04-14+78240,210 total
Footnotes (1)
  • [F1]Represents shares of Class A Common Stock of the Issuer underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 100% on May 1, 2027, subject to the Reporting Person's continued service with the Issuer as of such date.
Signature
/s/ Paul Breaux, by Power of Attorney for Gregory B. Sullivan|2026-04-16

Documents

1 file
  • 4
    wk-form4_1776380424.xmlPrimary

    FORM 4